
Rabobank's Q4 2017 Pork Quarterly expects global pork supply to rise, led by China, the US, Canada and Brazil. Chinese pork imports fell 27% in the first eight months of 2017 and may rebound in Q4, while Chinese prices are expected to keep trending lower.
US pork belly prices have reached record levels on foodservice demand.
A sharp fall in Chinese imports creates a risk of oversupply in global pork markets, pressuring hog prices. Expected Chinese import recovery would offer some support.
Setelah 159 peristiwa laporan bearish sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -2,2% sampai +1,3%), dan +1,0% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.